Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
N/A
Recently appraised for $1.2m ARV building needs about 250k of work to this Value add legal 7 unit on bustling corridor, w/ a non conforming 5th residential unit on roof level. NOI is based on projections post construction and fully occupied. 3 commercial zoned spaces: 1st fl front is a small barber shop ( this tenant pays $3000 per month gross lease for the barber shop and 2nd floor residential units), 1st fl rear is a vacant salon, which also has real estate office zoning and basement level (undeveloped raw space) is zoned for a restaurant - up to 30 seats w/ private access to rear yard.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$325,000
-
Tax Amount
4522.0
-
Zoning
7 units by right and currently set up that way. 3 ground level commercial 4 upper residential
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Richard K Cassell , KW Empower
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Owner, President, Investment Property Advisor
TheresaKehler
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